Lateral Mania Fuels Growth For Opportunistic Firms
Law360, New York (March 23, 2015, 9:02 PM EDT) -- Law firms experienced minor attorney headcount growth in 2014, but growth-hungry, opportunistic firms saw their number of U.S. attorneys increase by more than 10 percent thanks to strategic attorney acquisitions and office expansions, according to the Law360 400.
Squire Sander's epic acquisition of Patton Boggs LLP helped the firm grow by 228 attorneys in 2014, cementing it as the Law360 400 firm with the largest U.S.-based attorney growth last year. Meanwhile, Hinshaw & Culbertson LLP hired droves of attorneys from California boutique Barger & Wolen LLP and intellectual property firm Novak Druce Connolly Bove & Quigg LLP added a new Philadelphia...
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